New month, who dis? 1d/4h with +/- 10%, 25%, 50% vola filter 🌭

S&P 500 E-mini Futures (CME_MINI:ES1!)

CME_MINI:ES1! S&P 500 E-mini Futures

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The What:  1d chart on left shows +/- 10%, 25% and 50% levels based on the monthly atr (roughly 450 pts) and the 4h chart on right showing +/- 10% and 50% levels based on the wkly atr (roughly 186pts).  

The Why:  +/- %’s levels serve as vola filters to map directional trend of a move within a given range, as well potential markers to gauge an extension in pa. Levels can also be used to identify pivots within wkly/mnthly range.

1d chart on left showing pa above hma sup, with next cycle on hma and dmi being bullish. DMI also shows no hh on di- since 1d close @ 4292, thus presenting a bull div. Break above 4188 (1d hma rt) and Indies will roll into bull x.   
On right, 4h showing bull div on dmi, with next cycle on hma and dmi also pending bull x.   Stay above 1d sup @ 4110 and 4h sup 4094, and pa to push upside for marginal pump towards wkly rt @ 4280.   

Algo pivs enroute to wkly rt: 4172, 4179, 4194, 4266, 4277 with 4299/4303 as feasible extensions on the wkly atr. Mind the 200 hma on 4h (currently @ 4227) for safety, and never be the last one out.   

Current bias: Bullish on 1d, Wkly still bear unless it sustains 4301.

 Live chart showing 1d/4h levels based on monthly and wkly atr, to be updated wkly after 1st 8h candle from Sunday open.
 

  Live chart showing major algo pivs upside to ath and down to pre covid rt (and lower for giga bears) on 4h (updated daily, i mean, hopefully, daily, yah alright, updated daily.)  

appreciate the risk. 🎲

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